David A. DeMuro

Senior Counsel

David DeMuro is senior counsel in the New York office and a member of our Financial Services Practice.  He spent more than 34 years in securities regulation and brings a wealth of experience on a variety of regulatory issues including crisis management, anti-money laundering programs, FCPA and cross-border issues, and compliance programs.  His practice focuses on advising and representing broker-dealers, hedge funds, private equity firms, and investment advisers in a broad range of SEC, FINRA, and state enforcement inquiries, investigations, proceedings, and appeals.  David also advises firms during regulatory inspections and examinations, and conducts internal investigations.  

Prior to joining O'Melveny, David spent over 20 years with Lehman Brothers.  In his last 10 years with Lehman, David served as the Managing Director and Head of Global Compliance and Regulation.  In this capacity, he developed compliance policies for, and provided compliance advice to the firm's businesses.  He managed a department of 300 legal and compliance professionals deployed in 20 cities around the world.  In that capacity, David established strong working relationships with securities regulators throughout the U.S., and financial industry regulators in the UK, Germany, Canada, Singapore, Japan, India, Hong Kong, China, and Korea.  

David began his career with the U.S. Securities Exchange Commission (SEC), working in various capacities on enforcement issues.  He served as Branch Chief in the SEC's Chicago office, Assistant Regional Administrator for Enforcement, Los Angeles Regional Office, and finally as counsel in the Office of the SEC's General Counsel.   

David is a frequent speaker at industry and regulatory conferences.

Professional Activities

Member, Board of Trustees of SIFMA/Wharton Securities Industry Institute (2005-present); Board of Trustees of the SEC Historical Society; FINRA Compliance Advisory Group (2004-2008); FINRA Licensing and Registration Council (2003-2008); FINRA Membership Committee (1998-2008); NASD Board of Governors (2001-2005); Executive Committee of SIFMA's Compliance and Legal Division (1993-2004); NASD's National Adjudicatory Council (1999-2002); CBOE Business Conduct Committee (1996-1998); Securities Industry/Regulatory Council on Continuing Education (1993-1997)
President, SIFMA's Compliance and Legal Division (2003-2004)
Chairman, NASD's National Adjudicatory Council (2001-2002); Securities Industry/Regulatory Council on Continuing Education (1997)